Author Question: The historical record for the United States over the last 100 years shows A) mostly positive ... (Read 73 times)

Jkov05 · **on:** Jun 29, 2018

The historical record for the United States over the last 100 years shows

A) mostly positive economic growth, though the Great Depression caused actual GDP to dip well below potential GDP.
B) economic growth for about half the years and economic decline for the other half.
C) growth until 1970 and then a period of constant per person real GDP.
D) continuous economic growth for each year, although at different rates, throughout the entire century.

Question 2

The percentage of the people of working age who have jobs is called the ________.

A) labor force
B) inverse of the unemployment rate
C) employment-to-population ratio
D) employment-to-working-age-population ratio